Home Ownership down – Cost of Buying Up

HAMISH_MCTAVISH

Graham_Devon wrote: »

Sure.

https://forums.moneysavingexpert.com/discussion/3194430

You'll find your pal nollag barging into the thread desperately trying to make out Brit is wrong and yabbering on about 50% off by christmas again.

Heh heh....

Turns out even the poster concerned thinks you and Brit are wrong.

And for the record you are wrong.

My 'clever' friends who rented and then purchased, did not manage to buy with deposits they had managed to save.

You know why?

Because their rent was so dam high they had nothing to put away each month to save.

My one set of friends have borrowed £11000 from his Dad which they can now back back monthly as they are paying CHEAPER mortgage payments than rent.

So renting helped them not at all.

My other set of friends came into some money which was just enough to put down on a house, else they too would not be in a position to buy as had barely enough to live at the end of the month, let alone start saving for a huge 10% deposit.

So you see your calculations are quite simply incorrect and I still believe that renting is not the way to go.

Ouch.

All your arguments demolished in 30 seconds flat, from someone that's been there, done that, and got the T-Shirt.

Most certainly NOT the thread you should have been quoting to try and prove us wrong, you silly boy.

Graham_Devon

HAMISH_MCTAVISH wrote: »

Heh heh....

Turns out even the poster concerned thinks you and Brit are wrong.

Oh give it up Hamish.

Myself and Brit are not the ones unable to move, unable to sell, and stuck in the situation of being the only owner occupier in a bunch of HA flats, having paid 35k more than the other 5 flats just one month before the other flats were sold thanks to the miricle that is HomeBuy.

The point was that Brit suggested 2 years ago, that the poster would end up in negative equity unable to move if they proceeded. We've now got the thread about that very same person being stuck in negative equity and unable to move, and finding out they have been somewhat ripped off after paying over a third more than the flats were actually worth.

You really are scrapping the very bottom of that barrel labelled desperation with this one.

HAMISH_MCTAVISH

Graham_Devon wrote: »

having paid 35k more than the other 5 flats just one month before the other flats were sold thanks to the miricle that is HomeBuy.

:rotfl:

You daft twit Graham, the other 5 flats were sold at a 35K discount as part of a bulk buy to a HA.

It had nothing to do with Homebuy. If they'd had a normal mortgage then they'd be in just as much NE.

The lesson to be learned here is don't buy new builds, not don't buy.

Graham_Devon

HAMISH_MCTAVISH wrote: »

:rotfl:

You daft twit Graham, the other 5 flats were sold at a 35K discount as part of a bulk buy to a HA.

It had nothing to do with Homebuy. If they'd had a normal mortgage then they'd be in just as much NE.

The lesson to be learned here is don't buy new builds, not don't buy.

Hamish, you are simply not worth arguing with. You won't even stand by your own arguments anymore, as seen on this very thread.

I see you have now turned up on the thread, with not a shred of help, just a "well done" to the OP for having a go at others suggesting shes been diddled.

If you want to call people daft twits, based on the above, go and say it to all the others who have suggested shes been ripped off, instead of scuttling back here to suggest it. But you won't, as you know you'd look incredibly stupid.

Jimmy_31

HAMISH_MCTAVISH wrote: »

:rotfl:

You daft twit Graham, the other 5 flats were sold at a 35K discount as part of a bulk buy to a HA.

It had nothing to do with Homebuy. If they'd had a normal mortgage then they'd be in just as much NE.

The lesson to be learned here is don't buy new builds, not don't buy.

You do look a bit of a t*t on this one hamish.